Sources of variations between the inflation rates of Korea, Thailand and Indonesia during the post-1997 crisis

Reza Siregar, Gulasekaran Rajaguru

Research output: Contribution to journalArticleResearchpeer-review

7 Citations (Scopus)

Abstract

Despite the large number of studies done on the recent East Asian crisis, hardly any of them has however simultaneously evaluated the roots of the inflationary pressures and unearthed the sources of sharp variations between the inflation rates of the various crisis-affected economies. To help fill in this gap, our paper examines and contrasts the sources of inflation in Thailand, Indonesia and South Korea during the period of 1985-2001. A number of potential sources of inflation will be considered in the study. But this study pays a particular attention to the possible roles of the monetary aggregates and the exchange rate uncertainties in encapsulating the rise in the inflationary pressures and the variations between the inflation rates experienced by these economies during the 1997 crisis.

Original languageEnglish
Pages (from-to)867-884
Number of pages18
JournalJournal of Policy Modeling
Volume27
Issue number7
DOIs
Publication statusPublished - Oct 2005

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Korea
Inflation rate
Indonesia
Thailand
Inflation
South Korea
East Asian crisis
Monetary aggregates
Exchange rate uncertainty

Cite this

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Sources of variations between the inflation rates of Korea, Thailand and Indonesia during the post-1997 crisis. / Siregar, Reza; Rajaguru, Gulasekaran.

In: Journal of Policy Modeling, Vol. 27, No. 7, 10.2005, p. 867-884.

Research output: Contribution to journalArticleResearchpeer-review

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